as·sump·sit ( -s mp s t)n. 1. An agreement or promise made orally or in writing not under seal; a contract. 2. A legal action to enforce or recover damages for a breach of such an agreement. [New Latin ass  mpsit, from third person sing. perfect tense of Latin assmere, to undertake; see assume.] |
assumpsit [əˈsʌmpsɪt]
n
(Law) Law (before 1875) an action to recover damages for breach of an express or implied contract or agreement that was not under seal
[from Latin, literally: he has undertaken, from assūmere to assume]
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